Covesting a new cryptocurrency exchange that is launched in beta phase and the coins it includes are,
BTC
ETH
XRP
BCH
XLM
ADA
NEO
LTC
TRXand many more
Looks they are going to be adding more cryptos soon.
Covesting have also their own coin COV which is very interesting.
You can also check the website here.
https://covesting.io/
Why this is positive news, regardless of the market being down it's in a slump right now, really bad, there are still moves being made by exchanges. We are seeing it with Coinbase, we're seeing it with investment firms, we're seeing it with hedge funds, the money is getting ready to come into market.
So, this should give you confidence, these guys are not in here for fun, this is not a hobby for them, they're in it to make money that includes the exchanges, that includes the investors , the investment firms, the hedge funds, Wall Street banks, Morgan Stanley, Goldman Sachs .
So, don't panic at what's happening in the market, understand bear and bullish sentiments, understand negative news will drive the market down and there's also some manipulation going on but here's how you can have confidence.
Look at what's going on in the news read between the lines.
When you see things like this, new crypto exchanges launching, Coinbase expanding their services to include institutional money, talks of Goldman Sachs and Morgan Stanley hiring people to build out their crypto trading desk and departments and all that stuff and big time wealthy folks talking about investing in cryptocurrencies.
When you are seeing all these moves but yet the markets down that's because they are not looking in right now, they know the money is going to start coming into the market, things are going to go up, we're going to have a bigger bull run that we had in December 2017.
So, I believe there is money to be made but you got to be patient and you just got to keep your eyes on the news.
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